
Uniswap to Hold AMA on X on May 8th
Uniswap will host an AMA on X on May 8th at 16:00 UTC featuring the CEO Hayden Adams. Refer to the official tweet by UNI: Join us this Thursday at 12pm ET for a convo with and 📆UNI InfoUniswap is a decentralized trading protocol known for its role in facilitating automated cryptocurrency exchanges. The protocol operates on the Ethereum network.The Uniswap protocol consists of a set of smart contracts that enable direct trading interactions between users on the Ethereum blockchain. Technically, Uniswap is a decentralized exchange (DEX) that allows participants to buy and sell cryptocurrencies directly without the need for a centralized intermediary.The Uniswap protocol utilizes automated market maker, which means that users can trade their assets directly with the financial reserves stored in the contracts. This differs from traditional exchanges where trades go through an order book and require centralized servers to execute transactions.This approach enables Uniswap participants to trade cryptocurrencies in real-time, provides a high degree of transparency, and eliminates the need to trust a centralized party. Each operation on Uniswap is recorded on the Ethereum blockchain, ensuring the immutability and integrity of trading data.Uniswap is governed through its native governance token, UNI. UNI token holders have voting rights in protocol governance matters, further enhancing its decentralized nature.